Christchurch's historic Odeon Theatre is destined for the wrecker’s ball – at the behest of the Canterbury Earthquake Recovery Authority.
The site is destined for new offices for Environment Canterbury.
The property is owned by a company associated with bankrupt Dave Henderson, who wants to return it to its former glory.
“I’m astounded at this extraordinary destruction of private property rights that’s going on without any debate,” he told NBR ONLINE.
He vowed to fight the move.
The property is one of the latest tranche of central city privately owned properties to be seized by CERA.
The government-appointed ministry today issued notices of intent for dozens of inner city properties.
Some of the properties are vacant. Others have functioning businesses on them, including car sales yards. Some are reserves.
The compulsorily-acquired land will be used for a Metro Sports centre along Antigua St fronting on Moorhouse Ave to the south of the city centre; the “southern frame” for various projects; and a block in Madras/Gloucester Sts that will be a residential precinct.
This article is tagged with the following keywords. Find out more about MyNBR Tags
Most listened to
- Order Paper: Rob Hosking on good intentions, political correctness and social investment
- Levante S is the ultimate Maserati SUV… and it’s coming to NZ
- Is Pence poised to dump Trump? asks Michael Coote
- Michael Wigley on the rising cybersecurity challenges for boards; the risks for directors; and how to deal with them
- NBR Radio: best of the week ended May 26, with Grant Walker